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US economic growth likely weakened in Q2 - 0 Comments

WASHINGTON — Economists say steep government spending cuts probably did their worst damage in the second quarter and Wednesday's report on economic growth is expected to reflect that.

A FactSet survey finds economists expect GDP data to show the U.S. economy barely grew from April through June. But economists are hopeful that the weak second quarter is a temporary lull and some say growth is already starting to pick up.